I just found out that you don't even need special paper. It works perfectly with copy paper as well!

1) Print on copy paper

2) Laminate one side (make sure to work with the back button! You don't want the second side of the laminating pouch to stick to your laminator!)

3) Soak in water and rub off the paper

(Don't worry, once laminated, the color adheres really well.)

4) Let dry

5) Run it through the laminator again

Done!

However, the easiest option is still to buy coated film for inkjet printers 😅